Gold prices parallel moon cycles

[JGeropoulas]

This trading analyst has noticed that there’s a significant correlation between moon cycles and gold price cycles: as the moon waxes, gold prices go up until a full moon is reflecting maximum sunlight onto earth, at which point, gold prices begin to go down as the moon wanes until a new moon is reflecting no sunlight onto earth (at which point, the pattern repeats).

I wonder how this might relate to any of Gurdjieff’s ideas?

_http://majormarketmovements.com/gold-and-the-moon-cycle/ (link includes helpful price chart)

Gold and the Moon Cycle – How crazy is that?
May 13, 2014

Gold and the Moon Cycle. Often those two subjects in one title is enough to roll the eyes of many market analysts. I know, crazy talk right? OR is it crazy not to take it seriously?
In recent months Gold has show cased a number of times when the Moon cycle has apparently had some influence over the short term directional bias in the gold price.

New Moons have had a tight correlation to Bottoms in the Gold price, while the last 3 Full Moons have over seen tops. The next Full Moon turn window opens up at today’s close and ends on the daily close of May 16th. Could we see yet another ST top in the Gold Market? [Update: May 14 indeed was a top closing at 1305] And will the next New Moon near May 28th yield another bottom? Nothing is certain, but the likelihood is highly probable. [Update: Gold has steadily dropped from the May 14 high, closing at a low of 1260 on May 28—and continuing even lower to 1250 by May 30]

It is difficult to understand with a logical mind why a huge ball of inanimate rock, orbiting the earth, has any relevance to gold price movements. I certainly have my theories, but no way to prove it.

More technical chart analysis here by same guy (link includes helpful price chart)

_http://majormarketmovements.com/author/quad-g-2/

This lends to a high probability that the next impulsive move out of the triangle is terminal, meaning it is a final move into a top or bottom. In this case the terminal move is down, which should lead to a significant bottom [which it has done as of May 28, see above] possibly the end of a large multi-month 2nd wave down to be followed by a stronger 3rd wave up.